Bernstein

Amazon.com Inc. (NASDAQ:AMZN) remains a compelling investment opportunity despite increased infrastructure spending planned for the coming year, according to Bernstein analyst Mark Shmulik, who maintains an “Outperform” rating on the stock with a $235 price target. What Happened:...

Bitcoin (CRYPTO: BTC) could reach $90,000 if Donald Trump secures the presidency, whereas a Kamala Harris win could see Bitcoin stabilizing at a $50,000 floor before any recovery, according to new analysis. These predictions come at a time when both candidates have notably addressed crypto policy,...

Robinhood (NASDAQ:HOOD) is on track to become the leading cryptocurrency investment platform in the future, according to a new Bernstein report. What Happened: In its “Crypto Investing Guide” for October, Bernstein analysts highlight Robinhood's competitive advantage in the...

Automotive giant General Motors Co (NYSE:GM) will likely highlight the progress the company is making in electric vehicle production when the company reports third-quarter financial results before the market opens Tuesday. Earnings Estimates: Analysts expect General Motors to report third-quarter...

As the race to dominate the robotaxi sector intensifies, Uber Technologies Inc (NYSE:UBER) is leveraging its extensive ridesharing network to compete against Tesla Inc. (NASDAQ:TSLA) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary, Waymo. What Happened: Uber has shifted its focus from...

Bitcoin (CRYPTO: BTC) could reach $80,000 to $90,000 if Republican nominee Donald Trump wins the U.S. presidential election in November, according to Bernstein analysts. What Happened: Amid a widening divergence in Trump’s favor on the prediction market Polymarket, Bernstein analysts, Gautam...

Bernstein analysts have set a $290 price target for MicroStrategy‘s (NASDAQ:MSTR) stock, representing a potential 64% surge, based on the company’s aggressive Bitcoin acquisition strategy, according to a new report. What Happened: MicroStrategy, led by Executive Chairman Michael Saylor...

Bernstein has issued an “Outperform” rating for Riot Platforms (NASDAQ:RIOT) with a price target of $22, indicating a 196% upside from its current price of $7.42. What Happened: The investment bank bases its optimistic forecast on Riot’s strategic focus on Bitcoin (CRYPTO: BTC)...

Bitcoin mining giant CleanSpark (NASDAQ:CLSK) is betting big on the next crypto bull run, as CEO Zach Bradford told Bernstein analysts that the company plans to aggressively expand mining capacity ahead of and expected Bitcoin (CRYPTO: BTC) price surge. What Happened: "I believe we could see...

Bitcoin’s (CRYPTO: BTC) breakout to $64,000 has been fueled by several reasons, according to a new Bernstein analyst note. What Happened: The analysts cite rate cuts, bipartisan crypto support, Bitcoin ETF momentum, miner stability post-halving, and reduced selling pressure as catalysts for...

Core Scientific (NASDAQ:CORZ) CEO Adam Sullivan has shared plans to significantly expand the company’s AI data center services, potentially boosting its valuation to $25-$30 billion. What Happened: In a discussion with analysts from Bernstein, Sullivan emphasized the exponential growth...

Bernstein analysts in a recent note highlighted the hybrid strategy of Bitcoin miners focusing on AI data centers. What Happened: The analysts spotlighted the emerging “mullet strategy” – AI in the front, Bitcoin in the back. It combines cryptocurrency mining with AI data...

Bitcoin (CRYPTO: BTC) miners are adapting to a new landscape as they seek to optimize operations and diversify revenue streams, according to a recent report from Bernstein analysts. What Happened: The second-quarter “report card” written by lead analyst Gautam Chhugani and team...

The cryptocurrency market remains in flux as the U.S. presidential election draws nearer. The question on many analysts’ minds is whether the market is now primarily driven by election odds or if the influence of political outcomes — particularly a Donald Trump victory — has been overstated...

Jim Bianco of Bianco Research has pointed to the Bank of Japan’s unexpected interest rate hike as the primary catalyst for a significant global market downturn in the beginning of the week. What Happened: According to Bianco, the central bank’s decision to raise rates to 0.25% on July...